Tag: fiat

Lichtenstein-based Bank Frick will be the first regulated bank to offer direct investment and cold storage of five cryptocurrencies. The unprecedented announcement was made in a press release on February 28. Private Bank Offers Five Cryptocurrencies The bank, which specializes in providing financial services for an international clientele of mostly...

The CEO of French financial services provider Societe Generale has said that its the anonymity of virtual currencies that will be their downfall. Speaking at the Web Summit conference in the Portuguese capital of Lisbon on Tuesday, Frederic Oudea said that the ease with which the likes of...

Deutsche Bank lead strategist Jim Reid believes the reign of fiat money could soon end and cryptocurrencies like bitcoin could take over the global financial market. In a recently released research paper, Reid delve extensively into the unstable fiat currency system and firmly stated that the fiat currency...

At the World Knowledge Forum held in Seoul on October 17, Billionaire investor Tim Draper, who has been one of the key angel investors in the Bitcoin and cryptocurrency markets since 2014, stated that Bitcoin and other cryptocurrencies are much better than fiat currencies. In an interview with...

Paycent is a global mobile dual e-wallet that can be funded with cryptocurrencies and fiat, all within the same application. Paycent is continuously expanding into the fiat ecosystem, having partnership talks with several governments, banks, and companies. The company already has a live working product and committing to...

Despite the growing Bitcoin adoption all across the globe, the digital currency often makes into news headlines for all the wrong reasons. Bitcoin is hailed as the future of the economy, at the same time there are complaints about its sustainability and volatility. Tiyo Triyanto rightly says that Bitcoin is...

There has been a lot of comparison between bitcoin and gold in the recent times. Bitcoin has been compared to gold in many aspects. In fact, bitcoin is also called digital gold for a reason due to various similarities it shares with the yellow material. However, referring to...

Even though retail bank fanatics and policy makers always blame the anonymity of bitcoin and claim that it is why bitcoin can be used in money laundering, the fact is that Fiat cash is the ultimate form of anonymous currency. Researchers have proven recently that the US $100...

There have been multiple mentions of bitcoin ending up in a deflationary spiral on the long run. At a bird’s eye view for a layman, it sounds true. However, if one takes some time to study bitcoin and understand it in details, it will become obvious that the...

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